Are Finns living beyond their means?

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Title: Are Finns living beyond their means?
Author: Silvo, Aino
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 92
Series number: 5/2018
Year of publication: 2019
Publication date: 10.1.2019
Pages: 61-64
Subject (yso): kulutus; kotitaloudet (organisaatiot); velkaantuminen
Keywords: Suomi; säästäminen; säästämisaste
Abstract: Finnish household consumption surpassed disposable income in 2016–2017. This has raised public concerns over household indebtedness. Is there a cause for concern, and how does household saving in Finland stack up against other countries? This article looks at the development of the household savings rate in Finland and compares this with household saving in other Nordic countries.

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